The IHS Markit Brazil Composite PMI decreased to 48.9 in January of 2021 from 53.5 in the previous month. The reading pointed to the first contraction in private sector activity since July, as the services sector shrank the most in six months (PMI at 47 vs 51.1 in December) while manufacturing activity growth slowed noticeably (PMI at 56.5 vs 61.5). A renewed decline in new work intakes caused the first reduction in output for six months and further job shedding. On the price front, the rate of input inflation softened to a four-month low, but was stronger than any seen prior to the COVID-19 crisis. The rate of charge inflation matched that seen in December, thereby remaining marked and among the strongest seen since composite data became available in March 2007. Looking ahead, business sentiment weakened compared to December. source: Markit Economics

Composite PMI in Brazil averaged 48.65 points from 2011 until 2021, reaching an all time high of 55.90 points in October of 2020 and a record low of 26.50 points in April of 2020. This page provides the latest reported value for - Brazil Composite PMI - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news. Brazil Composite PMI - data, historical chart, forecasts and calendar of releases - was last updated on February of 2021.

Composite PMI in Brazil is expected to be 51.50 points by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate Composite PMI in Brazil to stand at 52.30 in 12 months time. In the long-term, the Brazil Composite PMI is projected to trend around 51.90 points in 2022, according to our econometric models.

Ok
The Trading Economics Application Programming Interface (API) provides direct access to our data. It allows API clients to download millions of rows of historical data, to query our real-time economic calendar, subscribe to updates and receive quotes for currencies, commodities, stocks and bonds.

Please Paste this Code in your Website
width
height
Brazil Composite PMI

Actual Previous Highest Lowest Dates Unit Frequency
48.90 53.50 55.90 26.50 2011 - 2021 points Monthly
SA


News Stream
Brazil Private Sector Returns To Contraction
The IHS Markit Brazil Composite PMI decreased to 48.9 in January of 2021 from 53.5 in the previous month. The reading pointed to the first contraction in private sector activity since July, as the services sector shrank the most in six months (PMI at 47 vs 51.1 in December) while manufacturing activity growth slowed noticeably (PMI at 56.5 vs 61.5). A renewed decline in new work intakes caused the first reduction in output for six months and further job shedding. On the price front, the rate of input inflation softened to a four-month low, but was stronger than any seen prior to the COVID-19 crisis. The rate of charge inflation matched that seen in December, thereby remaining marked and among the strongest seen since composite data became available in March 2007. Looking ahead, business sentiment weakened compared to December.
2021-02-03
Brazil Private Sector Activity Rises for 5th Month
The IHS Markit Brazil Composite PMI edged down to 53.5 in December of 2020 from 53.8 in the previous month. The reading pointed to the fifth successive expansion in private sector activity but at the slowest pace in the current sequence of expansion. The services sector grew faster (PMI at 51.1 vs 50.9 in November) but continued to underperform its manufacturing counterpart (PMI at 61.5 vs 64). New orders growth slowed, despite remaining marked, with the latest increase the weakest in five months. Meantime, employment rose only marginally. Regarding prices, input prices rose further, with the rate of increase little-changed from November's survey peak. Private sector companies continued to lift their selling prices with the overall rate of charge inflation remaining sharp in spite of slowing from November. Finally, business sentiment was the strongest since February.
2021-01-06
Brazil Private Sector Activity Rises for 4th Month
The IHS Markit Brazil Composite PMI fell to 53.8 in November of 2020 from an all-time high of 55.9 in the previous month. The reading pointed to the fourth successive expansion in private sector activity but at a slower rate, as the services sector (PMI at 50.9 vs 52.3 in October) continued to underperform its manufacturing counterpart (PMI at 64 vs 66.7). New orders rose sharply, despite growth slowing to the weakest in the current four-month period of expansion. Meantime, employment rose at the fastest pace in just under nine years. On the price front, input price inflation quickened to a new record high and output charge inflation also hit an all-time high. Lastly, sentiment fell to a five-month low, as confidence was little-changed among manufacturers, but waned at services firms.
2020-12-03
Brazil Private Sector Activity Grows at a Record Pace
The IHS Markit Brazil Composite PMI rose to 55.9 in October 2020 from 53.6 in the previous month. The reading pointed to the third successive expansion in private sector activity and the steepest on record, amid the ongoing easing of coronavirus lockdown restrictions. The services sector expanded for the second straight month (PMI at 52.3 vs 50.4 in September), and manufacturing output growth hit an all-time high (PMI at 66.7 vs 64.9 in September). New orders went up at the fastest pace since January 2010 while payroll numbers were unchanged following seven consecutive months of cuts. On the price front, input price inflation quickened to a record high and output cost inflation accelerated to a five-year high. Lastly, sentiment improved as stronger optimism at services firms offset weaker but still robust confidence among manufacturers.
2020-11-05

Brazil Composite PMI
In Brazil, the Markit Brazil Composite PMI Index tracks business trends across both the manufacturing and service sector activity, based on data collected from a representative panel of around 800 companies. The index tracks variables such as sales, new orders, employment, inventories and prices. A reading above 50 indicates expansion in business activity and below 50 indicates that it is generally declining.